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Joy and Dave Flood Realtors
500 W Pennsylvania Ave, Pen Argyl, PA 18072
- $425,000
- 5
- BD
- 4
- BA
- 2,745
- SqFt
- Sold Price
- $425,000
- List Price
- $495,000
- Closing Date
- Nov 25, 2025
- MLS#
- 759214
- Status
- CLOSED
- City
- Pen Argyl
- Area
- Pen Argyl
- County
- Northampton
- Neighborhood
- Not In Development
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,745
- Lot Size
- 6,077
- Year Built
- 1900
Property Description
4-Unit Investment Property | Fully Occupied | $56K+ Annual Income Fantastic opportunity to own a fully leased 4-unit multifamily property in the heart of Pen Argyl Borough. This well-maintained asset offers a mix of 1- 2- and 3 bedroom units with long-term tenants in place, providing strong and stable cash flow from day one. Built in 1900, this detached building offers 2,257 square feet of rentable space. All utilities are paid by tenants through RUBS (Ratio Utility Billing System), keeping operating costs low. The property produces a gross annual income of $56,535, with a net income of $42,221 and total expenses of just $14,314, including taxes, insurance, management, and minimal owner-paid utilities. This property is currently under professional management and the management company is offering an incentive to the future buyer if management is continued. Offering Memorandum available upon request.
Additional Information
- Acres
- 0.14
- Cooling
- None
- Living Area
- 2,745
- Lot Size
- 6,077
- Region
- Pen Argyl
- School District
- Pen Argyl
- Sewer
- Public Sewer
- Stories
- 2
- Taxes
- $4,207
- Zoning
- R7
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Selling Office: Bellman & Radcliff.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.